PRZOOM - /newswire/ -
Stockholm, Sweden, 2010/08/02 - Dynapac Holding GmbH, part of Atlas Copco Group, has approved a plan to consolidate the production of planers and small pavers in order to increase efficiency and customer service.
The plan includes expansion of the manufacturing units in Wardenburg, Germany and Karlskrona, Sweden, while the factory in Lingen, Germany would be closed down, affecting 170 people. Sales, service and marketing of Atlas Copco’s range of road construction equipment is not affected by the plan.
“Atlas Copco’s strategy is to focus on core activities such as product development, production of core components and final assembly, in order to secure the long term profitable growth of the Group,” says Björn Rosengren, Business Area President, Construction and Mining Technique.
If realized, investments in new production facilities and competence center for planers will be made in Karlskrona, Sweden. In Germany, the manufacturing unit in Wardenburg will be further expanded with new premises for design and development and for production of small pavers. The present production of planers and small pavers in Lingen, Germany, will be closed down by the end of 2010. Atlas Copco will make efforts to help affected employees find new career opportunities, inside or outside of the Atlas Copco Group.
For further information please contact:
Björn Rosengren, Business Area President, Construction and Mining Technique
T: +46 (0)8 743 8314 or +46 (0)70 417 8502
Atlas Copco may be required to disclose the information provided herein pursuant to the Securities Markets Act.
Atlas Copco (atlascopco.com) is an industrial group with world-leading positions in compressors, construction and mining equipment, power tools and assembly systems. The Group delivers sustainable solutions for increased customer productivity through innovative products and services. Founded 1873, the company is based in Stockholm, Sweden, and has a global reach spanning more than 170 countries. In 2009, Atlas Copco had about 30 000 employees and revenues of BSEK 64 (BEUR 6.0).
Atlas Copco’s Construction and Mining Technique business area develops, manufactures, markets and services rock drilling tools, construction and demolition tools, drill rigs and equipment. It innovates for superior productivity in surface and underground rock excavation, exploration drilling, rock reinforcement, ground engineering, water well, oil and gas drilling, and compaction and paving equipment worldwide. The business area has its principal product development and main manufacturing units in Sweden and the United States.